High-end cars to be priced a little lower
The Union Budget 2009-10 has given a chance to own luxury items at lower prices due to proposed cut in taxes and duties. The auto sector has also been provided with some great announcements like excise duty cut on big cars. As soon as the news spread, several auto makers has promised to reduce the prices of the big cars. Mitsubishi has taken the lead by announcing price cut of Rs 6,000 on its Pajero, Outlander and Montero cars. Responding in the same spirit While BMW,
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Published On Jul 07, 2009 15:17 IST
Published OnJul 07, 2009 15:17 IST
Last Updated OnJul 07, 2009 15:17 IST
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General Motors and Toyota said they would pass on the benefits of excise cut, Tata Motors said it would soon announced its decision on it. We will pass on the benefits of this excise duty cut to our customers immediately, General Motors India Vice President P Balendran told reporters. Another carmaker Toyota Kirloskar Motor (TKM) would also react according to the Budget's proposal. We have always been passing on all benefits to the customers, which we get from the government. Though this cut is very minimum, still we will pass on this, TKM Deputy Managing Director (Marketing) Sandeep Singh said.
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<p>A totally people's person Vikas Yogi ventured into journalism 5 years ago. He started his career as a journalist for an online media agency, where he worked on few of their best online projects. Later on, he was given command of their entire content development division, where he single handedly managed and developed content for various domains ranging from Telecommunications, Electronics, Home Appliances, Fashion, Lifestyle to his favorite 'Automobiles'.</p>
<p>He has spent more than 3 years writing about the automobiles and being a car fanatic, he has got the right blend of enthusiasm and knowledge that is required to keep the readers' spirits up. Known for his wits and puns, Vikas is leading a team of journalists as an expert on automobiles but surely not limited to being one.</p>Read more
